All Money laundering and financial crime articles – Page 5
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NewsServices firms line up to tackle crypto fraud
Triage system will assess claims for access to £50m litigation funding warchest.
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NewsSRA probes exposure to sanctioned clients
'Thematic review' following issues raised in parliament will report this autumn.
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NewsSecond conviction quashed in fresh blow for SFO chief
Solicitors for Paul Bond claim Serious Fraud Office director Lisa Osofsky’s position is now ‘wholly untenable’.
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NewsSociety welcomes economic crime measures
Economic Crime (Transparency and Enforcement) Act receives Royal Assent after two-week parliamentary passage.
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FeatureEconomic Crime (Enforcement and Transparency) Bill: how effective will it be?
The government plans to pass the bill into law as soon as possible. It has the potential to be one of the most significant legislative developments in recent years.
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NewsLawtech startup raises £15m to tackle money laundering risk
Client onboarding system will be developed to handle source-of-funds checks and verification of corporate clients.
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NewsEx-Mishcon partner to pay £21,000 over AML rule breaches
Michael Nouril had missed the relevant training because he was absent when it was given.
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NewsCompanies House to have power to investigate
Registrar will become a 'much more active gatekeeper' under £83m reform programme.
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NewsEconomic crime bill to surface after four-year wait
Authorities to be protected from costs risks of bringing unsuccessful unexplained wealth orders.
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NewsPressure mounts for action against 'enablers' of Russian regime
Clampdown over sanctions as fresh accusations made about City firms and money laundering.
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NewsNo lawyers referred to SRA over collapsed SFO prosecution, MPs told
SFO director Lisa Osofsky denies there is a ‘systemic failure’ in relation to disclosure by the watchdog.
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NewsBiggest civil fraud trial ends in ‘substantial’ victory for HP
US tech giant ‘substantially succeeded’ in its High Court claim but damages will be ‘considerably less’ than the $5bn claimed.
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NewsRecovered billions could support ‘under-resourced’ law enforcement, report suggests
Anti-corruption charity calls for ‘economic crime fighting fund’ - anda model litigant code for lawyers to stamp out 'abusive tactics'.
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NewsGovernment to move crypto legislation
Around 2.3 million people in the UK are thought to own a cryptoasset such as digital coins or non-fungible tokens.
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NewsMishcon de Reya fined £232,500 over numerous AML failings
Firm agrees to pay one of the biggest ever SRA fines as it prepares to go public.
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OpinionA tale of two Londons
It was the best of times, it was the worst of times for the City of London’s reputation last week.
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NewsSFO director’s position ‘untenable’ after damning ruling, lawyers say
Representatives of a former oil executive whose bribery conviction was overturned said Lisa Osofsky must go ‘if the SFO is to survive’.
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News'Aggressive reputation management' harming the rule of law
UK professional service providers enable post-Soviet elites to launder their money and reputation, thinktank alleges.
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OpinionA small Brexit dividend for lawyer-client confidentiality?
Proposed wording in our government’s new rules on lawyers’ reporting obligations misses out a principal mischief.
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